No matter what you earn or where you live, no matter if you work for yourself or for someone else, and no matter your marital status or gender, you will discover that it is possible to walk the path to your solid financial life.
Imagine living your life:
• Free of worry and stress about money • Free of anxiety about the market or the economy • Free of other people’s speculations or predictions about your future.
Take control of your financial life by mastering these eight practical, realistic, and attainable principles. You will not ever have to live paycheque by paycheque, get stuck in debt forever, and worry about not having enough money to do the things you want for your life. You’ll be able to:
• Find opportunities to increase your income and your savings • Control spending habits and save thousands by using the PANEL test • Avoid making costly choices and decisions • Design a plan for paying off all debt faster • Get better value for your money through effective negotiation • Maximize your money by using the invest MODEL • Follow a 3-step plan to build your wealth.
V.V. Cam's philosophy of life exemplifies the saying “Give a man a fish, and you feed him for a day. Teach a man to fish, and you feed him for a lifetime.” When it comes to exploring the ever-changing world of self-publishing, V.V. has proven she is no stranger to embracing new worlds and ideas. She has not only learned how to fish, but also has spent her life teaching hundreds of others to become self-reliant.
V. V. Cam is a Canadian, best known as the author of the Because Self-Publishing Works and Because Money Matters series of practical and actionable self-help books. With her usual pragmatic advice, compassionate voice, and succinct writing style, she shares through these books the lessons and wisdom she learned.
‘With committed discipline and practice, you don’t have to sacrifice everything that gives you pleasure to achieve financial freedom.’
Author V.V. Cam has a fascinating history – she and her family had to flee Vietnam to Hong Kong by boat when she was just 13 and in Hong Kong she was housed in a prison that had been turned into an overcrowded refugee camp. That was where she started her journey to become the happy and successful wife, mother, and entrepreneur that she is today. While working in an electronics factory earning money to help her family survive the hardships of daily life, she taught herself to speak and write Chinese. A year later, a church sponsored her family to start their new life in a small town in Ontario, Canada. She put her language learning skills to use again, this time mastering English. She soon became one of the top students at her school and helped the office staff with her typing and office skills. Along with her industrious family, she learned to sew and made money sewing for local shops and for friends. Her resume soon included an impressive list of accomplishments: She worked her way from seamstress, waitress, bartender, and receptionist to IT support specialist and trainer, to real estate agent and broker. She has worked in executive positions with large organizations managing finances, human resources, and relationships and has built a couple of small businesses. In her spare time, she created two high-traffic and successful websites that offer teaching tools and support to the Vietnamese communities. She’s also founded a philanthropic organization that provides micro loans for poor people in Vietnam.
This approach to her fellowman is so very evident in this BECAUSE MONEY MATTERS – one of her finest books in a growing list of superb self-help tomes. She opens with a Prelude ‘How this book began’ – ‘I wanted to write a personal finance book that inspires people to take an honest assessment of who they are, where they are, and where they want to be. I wanted to encourage people to find out more about themselves and the things that are important to them. And, I wanted to encapsulate essential and timeless ideas that can be passed from one friend to another or from a mother to her child.’ And goes on to state ‘This book isn’t about getting rich quickly; it is about building your wealth over time so that you have the freedom from being beholden to anything or anyone.’ Open the pages here and welcome to the practical wisdom of an author who cares – who shares her life freely and extends that learned information to help us.
According to her title, expect 8 principles – Earn as much as possible, Spend less than your earn, Never waste, Negotiate always, Stay away form getting into debts, Get rid of your debts fast, Live up to your standards, and an Invest model. Additionally she offers 3 steps to build our wealth – make a plan to your financial situation, Implement your plan, and Monitor your progress and adjust your plan. These valuable guideposts are simply areas that she uses as springboards to teach and demonstrate her wise management of controlling our income and expenditures – and with this advice it would be difficult to fall into that trap of growing old without a safe income source.
Brilliant book by a caring person (who happens to communicate very well indeed!).
This is definitely her who’s one of the most practical-minded I’ve ever known.
The book begins with her own life-story. Her story will tell you how lucky you are and how much potential you possess.
Her mother’s wise words have especially captured my attention:
“If you are able-bodied and willing, you can always find a job. It may not pay well or it’s not something you want to do, but it is a job that will help you get to where you need to go next.”
“You ride a cow to find your horse.”
It means anyone, how bad and unsatisfying your current situation is, have got a chance for your dreams and goals as long as you know what you really want and never give up.
There are 8 principles introduced throughout the book.
Principle 1 will help you find jobs that suit your desires and skills.
Principle 2 will tell you ways to spend less than you make with some practical list of advices.
Principle 3 will suggest you to do something tough. Until I witnessed and experienced it myself, I never really made it either even though I had known it all the time by watching and reading news reports everyday because, like the author says in the book “when we have plenty, it’s hard to imagine that things could run out, and it’s easy to take things for granted.” I only learned the real-world lesson the hard way in the military.
Seriously it is never an easy task unless you experience hunger or poverty yourself. And our abundant society doesn’t really give us much of chance for that experience.
But come to think about it that’s why we read books; we have that experience by reading books that share the writers’ experiences. Wise people learn lessons from others and prepare, so that they never suffer the same hardship.
Principle 4 will give you some great negotiation tips that I also recommend.
Principle 7 is the best. It will advise you to live up to your own standards, not to others'. If we start comparing there's no end. "Not rich as the richest and not poor as the poorest."
Firstly, I loved this book. I was hooked as soon as I started reading ‘How this book Began’ and when I moved on to ‘A Glimpse into a Chapter of My Life’ I was captivated by the author. She has real credibility and I wanted to learn all that I was able from her. Whatever it was she was about to teach me!
It' particularly well written with good language, beneficial and insightful exercises, and a layout which makes it easy to follow in a step by step manner. Anyone who is interested in taking control of their lives – and finance is an important aspect of anyone’s life – would benefit from reading this book. It covers the factual issues needed to be more financially competent and the capabilities required to make it work. But it also takes into account the huge emotional journey that taking control of one's finances requires.
This is a must read book for everyone, at any stage of life, but especially for young adults who have the luxury of time to follow the preparation and planning for their financial future. The tips on how to focus on earning as much as possible with the abilities you have is a real eye-opener for people who are on their career ladder and has excellent advice and tips on how to take responsibility for oneself.
Having shared all her knowledge, advice and experience with us, Ms Cam then goes on to give even more in the glossary of terms, a huge list of tools to help the reader on their journey and links to articles and blogs that cover a wide range of financial subjects.
There are self-help books and then there are excellent self-help books. I am privileged to have been given the opportunity to read this author’s inspiring and life-changing book on money and how much it really matters to everyone.
Disclaimer: I received an electronic copy of this book in exchange for an honest review.
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This book is all about what its title already tells you: money matters, and you get 8 principles to help you with money.
The book is short, contains information you already know, but you don't realize this until you read every page. I am fortunate to don't have any mortgages or loans (yet), I don't have to live from paycheque to paycheque, and I don't need to juggle with payable bills.
But if you do, even with if you feel you spend too much a day (for example going out to lunch instead of cooking something at home and bring with you), then this book is definitely for you!
It worked for me as an eye-opener. Each chapter has a challenge, and if you complete these challenges, you may get more money into your hands -- or at least you have more control over your finances. Therefore, I do these challenges too, where they are applicable and I am looking for a positive result in the next years. Yes, years. This book is not a silver-bullet to your financial problems. There are no such books. You have to invest (time and action) to get money back. There ain't no such things as a free lunch.
this is a very good guide to save money. There are so many good activities involved to help you find out about yourself and how to improve by saving or spending money on things that are worth it.